The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Odisha State Cooperative Bank Ltd for its Chandrasekharpur branch in Bhubaneswar, Hrh, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Odisha State Cooperative Bank Ltd located in Bhubaneswar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ORCB0001004. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Odisha State Cooperative Bank Ltd, Chandrasekharpur, Bhubaneswar
Here are the main details that are associated with the IFSC Code ORCB0001004 of The Odisha State Cooperative Bank Ltd for its branch located in Bhubaneswar, within the district of Hrh in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | The Odisha State Cooperative Bank Ltd |
| IFSC Code | ORCB0001004 |
| Branch | Chandrasekharpur |
| City | Bhubaneswar |
| District | Hrh |
| State | Odisha |
| Address | Plot No-2,District Centre,Chandrasekharpur,Bhubaneswar-751016 |
These details help users in online banking and for businesses and individuals who use The Odisha State Cooperative Bank Ltd in Bhubaneswar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ORCB0001004 for the Chandrasekharpur branch of The Odisha State Cooperative Bank Ltd has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like ORCB0001004 is given to every bank branch, including The Odisha State Cooperative Bank Ltd located in Chandrasekharpur, Bhubaneswar, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Odisha State Cooperative Bank Ltd branch in Bhubaneswar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Bhubaneswar and Hrh.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for The Odisha State Cooperative Bank Ltd in Chandrasekharpur doesn't end up at another location.
Format of the IFSC Code ORCB0001004
The format of the IFSC Code for banks, including The Odisha State Cooperative Bank Ltd, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Odisha State Cooperative Bank Ltd, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chandrasekharpur in Bhubaneswar.
For example, the IFSC Code ORCB0001004 of The Odisha State Cooperative Bank Ltd for the Chandrasekharpur branch includes these elements, identifying the bank and the branch location in Bhubaneswar and Odisha correctly.
How to Find IFSC Code for The Odisha State Cooperative Bank Ltd?
To find the IFSC Code ORCB0001004 of The Odisha State Cooperative Bank Ltd for its Chandrasekharpur branch located in Bhubaneswar, the following methods can help you out:
Cheque Book
The cheque book issued by The Odisha State Cooperative Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Odisha State Cooperative Bank Ltd branches in Bhubaneswar and Hrh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Odisha State Cooperative Bank Ltd and go to the branch locator section. Then search for Chandrasekharpur or Bhubaneswar to find the exact IFSC Code ORCB0001004.
Mobile Banking App
If you use The Odisha State Cooperative Bank Ltd's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for The Odisha State Cooperative Bank Ltd and Bhubaneswar will provide accurate information.
How to Use IFSC Code ORCB0001004 for Online Transfers?
If you have the IFSC Code ORCB0001004 for the Chandrasekharpur branch of The Odisha State Cooperative Bank Ltd in Bhubaneswar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ORCB0001004. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and The Odisha State Cooperative Bank Ltd IFSC Code ORCB0001004.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Odisha State Cooperative Bank Ltd Chandrasekharpur in Bhubaneswar, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of The Odisha State Cooperative Bank Ltd in Chandrasekharpur, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official The Odisha State Cooperative Bank Ltd website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Bhubaneswar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ORCB0001004.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No-2,District Centre,Chandrasekharpur,Bhubaneswar-751016 located in Bhubaneswar, Hrh, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.